On Wednesday, Nov. 11, there’s a good chance that the United States Mint will trim prices on its line of collectible gold coins by as much as $50 for every ounce of gold they contain.
The U.S. Mint reduced gold coin prices just last week, on Nov. 4, when the weekly average of London gold sank to within the range of $1,100.00 to $1,149.99 an ounce. The precious metal has tumbled further since, tracking a more than three-month low at around $1,087 an ounce.
If Wednesday’s LBMA gold price for the AM is below $1,124.96 an ounce and the fixing for the PM remains under $1,100 an ounce, expect the following reductions in gold coin prices:
|2015-W $100 American Liberty High Relief Gold Coin*||$1,540.00||$1,490.00|
|2015-W Proof Gold Buffalo Coin (1 oz)||$1,490.00||$1,440.00|
|2015-W Uncirculated Gold Eagle Coin (1 oz)||$1,425.00||$1,375.00|
|2015-W Proof Gold Eagle Coin (1 oz)||$1,460.00||$1,410.00|
|2015-W Proof Gold Eagle Coin (1/2 oz)||$745.00||$720.00|
|2015-W Proof Gold Eagle Coin (1/4 oz)||$385.00||$372.50|
|2015-W Proof Gold Eagle Coin (1/10 oz)||$165.00||$160.00|
|2015 US Marshals Proof Gold Coin||$381.15||$369.00|
|2015 US Marshals Uncirculated Gold Coin||$376.15||$364.00|
|2014 & 2015 First Spouse Gold Proof Coins||$765.00||$740.00|
|2014 & 2015 First Spouse Gold Uncirculated Coins||$745.00||$720.00|
The United States Mint has made thirteen previous pricing changes this year, raising them six times and dropping them seven times. Past adjustments have tended to happen on Wednesdays at around 2:00 p.m. ET. This article will get updated with what actually happens.
Update: Coin prices were reduced, though the changes happened around 2:00 p.m. ET on Thursday since the Mint was closed on Wednesday in honor of Veterans Day.
The above gold coins are found on the U.S. Mint’s website page located here.
2015 $100 American Liberty HR Gold Coin Returns
*The U.S. Mint had listed the 2015 American Liberty High Relief Gold Coin as unavailable on Nov. 3. It is available again as of this writing.
Preliminary sales figures for this week have its total up 158 to 45,579. Its mintage maximum is 50,000.